SageOak Financial LLC Takes Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

SageOak Financial LLC purchased a new stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 20,529 shares of the company’s stock, valued at approximately $530,000.

Several other institutional investors have also recently made changes to their positions in the company. Empower Advisory Group LLC increased its stake in shares of Schwab U.S. TIPS ETF by 116.0% during the fourth quarter. Empower Advisory Group LLC now owns 38,301,085 shares of the company’s stock valued at $989,317,000 after buying an additional 20,565,226 shares during the period. Municipal Employees Retirement System of Michigan purchased a new position in shares of Schwab U.S. TIPS ETF during the fourth quarter valued at $402,061,000. Quadratic Capital Management LLC increased its stake in shares of Schwab U.S. TIPS ETF by 24.5% during the fourth quarter. Quadratic Capital Management LLC now owns 14,235,092 shares of the company’s stock valued at $367,692,000 after buying an additional 2,803,683 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Schwab U.S. TIPS ETF by 17.1% during the third quarter. JPMorgan Chase & Co. now owns 9,972,150 shares of the company’s stock valued at $534,806,000 after buying an additional 1,458,886 shares during the period. Finally, Lincoln National Corp increased its stake in shares of Schwab U.S. TIPS ETF by 100.2% during the fourth quarter. Lincoln National Corp now owns 8,227,198 shares of the company’s stock valued at $212,509,000 after buying an additional 4,118,522 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.1 %

SCHP opened at $26.52 on Wednesday. The business’s 50-day moving average is $26.25 and its two-hundred day moving average is $26.31. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $26.96.

Schwab U.S. TIPS ETF Company Profile

The Schwab U.S. TIPS ETF (SCHP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US Treasury inflation-protected securities with at least one year remaining in maturity. SCHP was launched on Aug 5, 2010 and is managed by Charles Schwab.